DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Celente learns, ya don't hold it, ya don't own it

**Saduyre9de** · 11-16-2011, 01:29 AM

I don't understand how they cleaned out his account when he himself
states a different firm and most of it was cash ?

WTF ?

Just going by his own account, CME and Trustee decide that a Lind Waldock account
needs to be confiscated .

Edit add,

So I a looking into this. This is still wrong, funds are supposed to be segregated, no ?

Your funds are not allowed to be used for proprietary trading, what happened to basic
agency rules, etc . From my understanding LW is a full service broker with lots of rules
governing them.

Someone may indeed go to jail over this, they may have burned some big dog insiders.
True justice still won't be meted out no matter what happens. A minor slap. Some insiders
may even get their money back.

lind waldock
http://www.google.com/search?q=lind+...1390l1.6.2l9l0

http://en.wikipedia.org/wiki/Lind-Waldock
" Lind-Waldock operated as a division of this spin-off, MF Global Inc. until August 2011. On August 1, 2011, MF Global retired the name Lind-Waldock[4], integrating the division more fully within the MF Global brand. The former Lind-Waldock now operates as part of the individual futures trading division at MF Global. Products and services in MF Global's individual futures trading division include self-directed trading, broker-assisted trading, and managed futures. "

11-16-2011, 01:29 AM	#17
Saduyre9de Join Date Oct 2005 Posts 493 Senior Member	I don't understand how they cleaned out his account when he himself states a different firm and most of it was cash ? WTF ? Just going by his own account, CME and Trustee decide that a Lind Waldock account needs to be confiscated . Edit add, So I a looking into this. This is still wrong, funds are supposed to be segregated, no ? Your funds are not allowed to be used for proprietary trading, what happened to basic agency rules, etc . From my understanding LW is a full service broker with lots of rules governing them. Someone may indeed go to jail over this, they may have burned some big dog insiders. True justice still won't be meted out no matter what happens. A minor slap. Some insiders may even get their money back. lind waldock http://www.google.com/search?q=lind+...1390l1.6.2l9l0 http://en.wikipedia.org/wiki/Lind-Waldock " Lind-Waldock operated as a division of this spin-off, MF Global Inc. until August 2011. On August 1, 2011, MF Global retired the name Lind-Waldock[4], integrating the division more fully within the MF Global brand. The former Lind-Waldock now operates as part of the individual futures trading division at MF Global. Products and services in MF Global's individual futures trading division include self-directed trading, broker-assisted trading, and managed futures. "
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